iTrust Capital: Invest In A Crypto IRA With Low Cost Fees
Starting to plan for your retirement early will pay off in the long run. But with so many retirement plan options, knowing where to invest can be a complicated task.
Thankfully, iTrustCapital makes it simple to begin planning your retirement nest egg right away. The platform aims to create an investor’s experience as straightforward as possible for beginners by letting you invest your IRA funds in gold, silver, or crypto assets with low-interest fees.
But what sets iTrustCapital apart from other industry options? Learn more about everything the platform offers with our quick guide.
What Is iTrustCapital?
Created in 2018 by Drake Skadron, iTrustCapital is a digital asset management platform that lets investors buy, sell, and trade precious metals and cryptocurrency using retirement accounts. The company aims to motivate investors to get comfortable with a blockchain-friendly future. By using blockchain technology, the company has been able to cut down costs that are still commonplace in more traditional Roth IRA arrangements.
Besides the lower fees, iTrustCapital’s accounts have a flexible structure, which lets you save for retirement and invest simultaneously. You can legally move money around and make it work on your terms.
Is iTrustCapital Safe?
iTrustCapital is a safe system that will go out of its way to protect your assets. The platform uses a regulated trust company to ensure individual funds are only used on behalf of account holders and never mixed with operational costs. iTrustCapital also uses secure cold storage to hold assets. Doing so makes your investments unreachable from hackers in case of any data breach.
How Does iTrustCapital Work?
To get started, all you have to do is open an account and verify your information. The platform will also let you choose which type of IRA you want to sign up for. Besides traditional and Roth IRAs, you can choose from a few other options based on your preference. Once you’re finished funding your account, you can immediately start investing in 20+ cryptocurrencies, gold, and silver!
The best part about iTrustCapital is the ability to transfer your funds from a previous IRA, whether a 401k, TSP, or any other similar account. If you want to add your funds, make sure to follow federal guidelines before you do so.
How To Sign Up For iTrustCapital
Signing up for an iTrustCapital account is very easy. All you need to do is:
- Go to the platform’s website and enter your personal information.
- Confirm your email address.
- Once you’re on the main dashboard, start your application to fund your account.
- Choose the type of IRA you want to create and add your funding method.
- Add a beneficiary that would inherit the account if something happens to you.
- Submit your application and wait a few days for approval.
After your application goes through, you’re ready to start investing!
iTrustCapital Pros And Cons
Pros
- Easy user design makes it a friendly tool for beginner investors
- Lower fees compared to similar platforms
- You can trade 24 hours a day, 7 days a week
- Dedicated customer service
- The platform takes extra steps to ensure your assets are secure
Cons
- A limited selection of available cryptocurrencies compared to other platforms
- You need a minimum deposit of $1,000 to get started
- You can’t earn any interest if you’re investing in cryptos
The Bottom Line
If you want a simple place to start investing in your retirement, look no further than iTrustCapital. While the company’s cryptocurrency investment selection is currently limited, the easy-to-use design and security features make it a solid asset management tool if you want to invest and save with more flexibility.
If you choose to invest in cryptos, be aware that cryptos are highly volatile. Make sure to diversify your retirement investments to avoid significant financial losses. If you want to start investing with iTrustCapital, sign up for an account today!
Read More: PrizePool 2022 Review: Earn Rewards By Saving Money